https://www.youtube.com/watch?v=COhSLGKv0Sk
Im cleanin out my closet
Normal fee market exists when transactions are not being centralized through mining bribery. Ordinal protocols force users to go this route to get their transaction settled at all. Limiting datacarriersize spam simply removes any ability for a market to exist around excess fee transactions. Mining pools win users lose. A normal market is where users actually are considered important for Bitcoin
I am being a bit paranoid and edgy to suggest this will kill Bitcoin, Bitcoin is very clearly stronger than most of us know. However I do believe complacency against these issues will hinder the market adoption due to the way it sacrifices low hanging fruit like normal l1 fee markets.
They are introducing fiat out of band risks now though, so now ordinal kingpins can accept bribes in fiat off chain for on chain preference. this inflates the overall sat per byte and gives ordinal users a cheaper experience at the expense of people using the regular Bitcoins
How dare you utilize social media for its exact intended purpose while also providing intellectually stimulating and thought provoking humorous takes to supplement your usage
You are completely disregarding the base point, someone overpaying is not spam, a bunch of people overpaying out of necessity due to miner out of band bribes on unstandard transactions that are below the dust limit are very clearly spam. Average users are being censored from using the chain normally, the value proposition of Bitcoin is declining. And the solution is extremely simple. Arguing otherwise is arguing in favor of competitors like craig wright who is behind BSV ordinals and suing several BTC developers for contributing to open source projects.
nah you are either purposefully or ignorantly unaligned with the success of Bitcoin as a network, you are voicing the same point of view as BSV maximalists https://twitter.com/GhostofMaplHodl/status/1735700193931092190
Goodbye elmo Im leaving sesame street
"So, if you can't afford to self-custody and transact on-chain, you are a spammer. "
Thats the stupidest thing I've ever read, if you aren't aligned with the success of Bitcoin just say so
we need to fight to change this
"You ever have the feeling where you're awake but still dreaming?
Mescaline, it's the only way to fly"
